profile
About Us
S K Patodia & Associates (SKP) was established in the year June 1992 by a young and dynamic professional CA Sunil Patodia with a vision to create new benchmarks in service delivery at professional level and has been synergic since then; as a result of tireless efforts the firms strength has outflank and it has fifteen full- time partners as on date. For over 20 years, SKP has provided high-quality financial and management services to a diverse and successful client base. As an innovative and highly professional chartered accounting and consulting firm, SKP serves as a valued advisor to over 1,000 clients by providing guidance on important strategic and operational matters. As one of the leading National Chartered Accounting firms headquartered in the Mumbai, SKPs resource network stretches across the cities through its branches across India. It has alliance with leading accounting and consulting firms nationally and internationally so as to be at the end of your services across the globe. SKP is uniquely positioned to impart quality, cost effective and professional advice to clients that include national and multinational corporates, private business houses, nonprofit organizations, governmental entities, emerging or start-up firms and successful individuals in multidimensional sphere of business operations.
Core Values
When you have a business relationship with us, you work with people who care about you and your success. Thats because we keep our core valuesthe neverchanging definition of who we are and what we stand forand our core competenciesthe ever-evolving definition of our capabilitiesat the heart of everything we do.
Trust
Establishing long-term relationships by earning your firm belief in our honesty.
Specialization
Concentrating in special areas to bring a complete understanding of your industry to our relationship.
Caring
Showing concern for you and the relationship that leads to your success.
Strategic Vision
Using our knowledge to stay ahead of your needs, and keep you ahead of your competition.
Competence
The ability to solve problems by having an in-depth knowledge of your business.
Technologically Adept
Complementing our people skills with a practical application of cutting-edge technology.
Continual Learning
Working to keep our knowledge of your industry and ours current.
Client Focus
Making our relationship with you and our desire for your success the center of everything we do.
Our Services
Conversion of financial statements for international reporting in compliance with IFRS, US GAAP Audit under various statutory laws Financial accounting (Including Cost Accounting, Process Accounting, Cost/ Profit Centre Accounting) Study of system and accounting manuals Establishing e-audit trail and training programs on audit & accounting matters Other agreed upon procedures
Our Services
What we do:
Corrective measures and best practices required under different Direct Tax Statutes Tax planning for corporate restructuring, amalgamation, demerger, slump sale, divestitures and other major corporate moves. Tax planning for profit and dividend repatriation. Legal opinion on Direct Tax Law and Procedures. Advising on withholding tax obligation. Preparation and assistance in filing various Tax Returns Enhancement of ERP systems to meet statues requirements Assistance during departmental audits Assistance and representation for search and seizers cases Providing and obtaining certificates
Direct Tax
Continuous development and increasing complexities in economic environment leads legislators to bring rapid changes in tax laws. We are providing in-depth and well thought advice to our clients by analyzing the changes. Our professionals motive AS TRUSTED ADVISORS is as important as ever. Whether are you thinking for a restructuring of your business or coming to terms with frequent changes in tax regulations, our professional team will admire you how to confront and navigate through those situations and provide with an accurate and deep insight to meet business needs. We advise our clients on major developments in taxation regimes occurring periodically and their effect on business. Apart from this our multidisciplinary tax team helps you in corporate tax advisory and overall tax planning.
Entry strategy with a tax and regulatory perspective Representation for assessment, appeals, settlements and Advance rulings.
Indirect Tax
Despite the various reforms carried out in the past few years, the prevailing Indirect tax regime in India is still in the state of evolution. It comprises plethora of laws, rules and regulations at the central and the state level. At its present structure, it poses unique challenges to National Tax functions and often have significant impacts on cash flow, absolute costs and risk exposures. The Government is striving continuous changes in the Indirect Tax Laws to make it more assessee friendly. SKP IDT Professionals with their wide experience and in-depth knowledge provide assistance in identifying potential risk areas and sustainable planning opportunities for indirect taxes in the overall business scenario. We provide you with effective processes to improve your day-to-day reporting for indirect tax, reducing attribution errors, reducing costs and ensuring indirect taxes are handled correctly. We provide multi dimensional services in various Indirect Tax Laws viz. Service tax, Central Excise, Value Added Tax (VAT) and Sales tax, Customs and Foreign Trade Policy. Our team gives you the perspective and support to manage indirect taxes more effectively and efficiently.
Our Services
What we do:
Corporate debt restructuring Restructuring and Redesigning of Internal Audit Function including quality assessment of Internal audit function Governance and Internal Control Structures Risk Assessments and Business Process Re-engineering SWOT and other analysis and establishing BCPs. Benchmarking of Best Practices Business Acquisition Due Diligence Financial Due Diligence for assets reconstruction. Accounting, Financial and Cost Studies Operational Efficiency Reviews Forensic Studies Marketing and Advertising Reviews IT and Computer Controls Reviews Management Information Systems Business and Brand Valuation Seminars, Training Programs, Software SOPs(especially for Oracle, SAP and ERP)
Management Consultancy
Management consulting refers assisting to organisations in improving their performance, primarily through the analysis of existing organisational problems and development of plans for improvement. Organisations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants specialised expertise. As a result of their exposure to and relationships with numerous organisations, SKP team is aware of industry best practices, however transferability of such practices from one organisation to another may be limited by the specific nature of situation under consideration. The Integrated Internal Audit approach addresses all aspects of the Companys operations such as Risk Management Process, Financial Audit, Compliance Review, Operational Audit and I.T Audit.
What we do:
Registration and compliance of industry specific statutes (especially telecom, Petroleum, FMCG, Food, Security and Manufacturing industry) Transition from cash based single entry accounting system to accrual based double entry accounting system for Urban Local Bodies Design and strengthen reform programs to catalyze private sector participation Transform performance of public institutions and sector efficiency. Help improve infrastructure service delivery Valuation & verification of fixed assets/ inventory for Government institution, large and small corporate, private equity fund house, insurance companies and stock exchange Process Automation ensuring establishing e-audit trail and responsibility allocation
Regulatory Services
Recent economic developments have brought about significant changes, especially in the government and financial services sector. Keeping up with the pace of change stemming from regulatory and legislative reform can be a daunting task. The financial market players are faced with increased regulatory demands on national and international financial centers. The Regulatory Services team offers professional services with respect to the implementation of and the adherence to the financial sectors regulatory framework. We maintain interdisciplinary skills and have extensive expertise at both the national and international level within our Audit, Tax and Advisory divisions. Our services are complete solutions that can be adapted and made available to your individual needs. Our team of qualified financial professional team consisting Ex Bankers, Chartered Accountants, MBAs and registered valuer who offers you a wide range of services as well as support with the application and interpretation of regulatory requirements in the following areas.
Our Services
What we do:
Planning for business set up in India for foreign residents and outside India for Indian residents with suitable option. Formation of Tax efficient entities Consultancy and compliances services related to repatriation of assets held in India Advising on operation of bank accounts of NRIs and other non residents Investment advisory services Formalities for recent immigration Drafting and executing wills, Power of attorney and other legal documents Advisory services with respect to FEMA on any other matter involving transaction outside India or in India Transfer Pricing Services Study of local/ multi jurisdictional documentation (including issuance of an Accountants Report) functions & risk analysis comparability analysis Planning & study (margins reviews for budgeting, new transaction planning) Representation & litigation support Review of agreements with transfer pricing perspective Cost sharing arrangements for inter-company transactions Taxation Advisory Services
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PAN/ tax exemption certificates obtainment, residential status determination and return filling Opinion on DTAA implication and tax consequences of law of land in international transactions. Tax structuring and suggesting tax consequences of sale of assets in India.
What we do:
Company Formation and compliance of companies act Registration of charges with ROC for corporate borrower Company Law disputes and litigations Single solution for state wise Labour and Employment Law Immigration Law Intellectual property Law Corporate Restructuring Joint Ventures Business Licensing services
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Mr. D. K. Goswami Bachelor of Mech. Engg., M.B.A. & C.A.I.I.B. (Indian Institute of Banking & Finance)
dkg@skpatodia.in With huge experience in the banking industry since 1972, he has played a major role in executing the assignments in an advanced & more professional manner. During his entire career till date, he has held various senior positions in State Bank of India & SBI Capital Markets Limited, thereafter as Senior Vice President UTI Bank Ltd., & also as an advisor to Standard Chartered Bank, HSBC Ltd, etc. Under his able guidance since two years, the firm has enriched its knowledge & capability in the field to a higher level.
M.A. (Economics), Ph. D (Economics), D. Litt (Risk Management) and C.A.I.I.B. (Indian Institute of Bankers) kmb@skpatodia.in He also has huge experience in the banking industry since 1963. He has served State Bank of India for 35 years at different positions & retired as Chief General Manager (Accounts & Compliance) in August 1998. From thereon, he joined IndusInd Bank Ltd. as Executive Director upto 2000 & The Bank of Rajasthan Ltd. as Managing Director & Chief Executive Officer. He has also held various positions of repute in MCX (Mumbai), MSFC, RCC besides authoring many books related to Banking Sector relationship driven model.
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OurAbout Industry Us
Automotive Cleantech Consumer Products Financial Services Government & Public Sector Healthcare & Life Sciences Media & Entertainment Mining & Metals Oil & Gas Power & Utilities Private Equity Technology Telecommunications Education Energy & Natural Resources Insurance & Re-insurance IT-BPO Pharmaceuticals Real Estate & Construction Transportation & Logistics
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Client Credentials
Attestation, Audit & Assurance
Religare Enterprises Ltd. (Religare Group) Pfizer Animal Pharma Pvt. Ltd. Bharat Sanchar Nigam Limited Vijaylaxmi Developers Re:sources India (Publicis Group) Rahul Narang Group of Companies Supreme Infrastructure India Limited Marico Limited AU Financiers Private Limited Imperium Buildcon LLP Welspun Retail Ltd. Round The Clock Logistics Limited Mudra Lifestyle Ltd. Sahara Credit Co-Operative Society Limited Vakrangee Limited Ecopack India Paper Cup Private Limited Future Generali India Insurance Co. Ltd. Nipur Chemicals Ltd. T. Poddar Infrastructure Ltd. Maflow India Pvt. Ltd. Centre Point Events Pvt. Ltd. Pacific Infotech Pvt. Ltd. Caravan Freight Carrriers Pvt. Ltd. Breeze Travels Pvt. Ltd. Seclore Technology Pvt. Ltd. K. C. Ferro & Rerolling Mills Pvt. Ltd. Percept Financial Consultants Pvt. Ltd. Pfizer Animal Health India Ltd. Mohan Boards Pvt. Ltd. Nutri-Swap Foods & Beverages Pvt. Ltd. TLG India Pvt Ltd Employees Providend Fund Arlex Chemi Pvt. Ltd. India Investment Advisors Pvt. Ltd. Dr. Sankpal Dental Centre Private Limited e-Zest Solutions Ltd. G Claridge & Co. Ltd. AHP Manufacturing BV Novus Remedies Pvt. Ltd. Body Thirst Exports Pvt. Ltd. UHP Technologies Pvt. Ltd. Bhageria Trade Invest Pvt. Ltd. Swadhinta Investments Pvt. Ltd. Vyoma Ispat Pvt. Ltd. Nautilius Advisors Pvt. Ltd. Premas Biotech Private Limited Elegant Builders & Developers Kanoi Capital Holdings Ltd. Emerging India Investment Advisors Pvt. Ltd. Lohia Irons Pvt. Ltd. Pine Packaging Private Limited Pixel Infoweb Technology Private Limited
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Indirect Tax
Infosys Ltd. Re:sources India (Publicis group) Rahul Narang group of Companies V-Tex Weaving & Mfg. Mills Ltd. Godrej Commodities Ltd. Sharp Tanks & Structurals Pvt Ltd. Religare Enterprises Ltd. Zenu Infotech Ltd. Suave Hotels Limited TLG India Limited Ameya Logistics Private Limited Premier Global Logistics Limited Lupin Limited Carrefour WC & C India Private Limited Addon Retail Private Limited KDD (India) Private Limited Pfizer Ltd. & group entities Welspun Retail Ltd. Monopoly Exp. Cargo (Mum) Pvt. Ltd. Ecopack India Paper Cup Private Limited Piramal Estate Private Limited Piramal Corporate Services Limited Daikin Airconditioning India Private Limited Fieldfresh Foods Private Limited BBH Communications India Private Limited Malabar Gold & Diamonds
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Client Credentials
Management Consultancy
Religare Enterprises Ltd. (Religare group) Fortis Healthcare Limited. Future E-Com. Infrastructure Ltd. Infosys Ltd. Religare Aviation Ltd. (Fortis group) Welspun Retail Ltd. Parle Agro Private Limited Tata Communications Ltd. Wadhawan Hospitality Pvt. Ltd. Tata International Limited Indian Pollution Control Association Sahara One Media & Ent. Ltd. Maharashtra Natural Gas Ltd. Oceaneering International GMBH Parle Agro Pvt. Ltd. Zoetis India Limited TLG India Limited Pfizer Ltd. & group entities Welspun Retail Ltd. Vakrangee Limited CRISIL Limited Shekhawati Poly Yarn Pvt. Ltd. Astral Glass Pvt. Ltd. Brite Brothers Ltd. Essar Steel Limited Sterlite Industries Limited Alok Industries Limited ICICI Prudential Life Insurance Co. Ltd. Ostwal Desai & Kothari Willow Polymers Private Limited Liberty Videocon General Insurance Co. Ltd. Overnite Express Limited Exclusive Brokers Pvt. Ltd. The C. K. P. Co-operative Bank Ltd. Alstom Projects India Limited Arsia International Limited Grasim Industries Limited CRH India Management Services Pvt. Ltd. Honeycomb Logistics Pvt. Ltd. Optimize Overseas LLC Prime Focus Limited Barque Hotels Private Limited Thai Rayon, Grasim
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National Hydroelectric Power Corporation (NHPC Ltd) Chickamagalur City Municipal Council (Karnataka)
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Client Credentials
Corporate Compliance & Documentation
Monopoly Exp. Cargo (Mum) Pvt. Ltd. Ecopack India Paper Cup Private Limited Ishwar Bhuwan Hotels Ltd. 360 Degree Warehousing & Logistics Private Limited H. S. India Ltd. CRH India Management Services Pvt. Ltd. Prime Focus Limited Golden Comsec Ltd. Centre Point Events Pvt. Ltd. Ashaa Vitta Jyoti Pvt. Ltd. Pacific Infotech Pvt. Ltd. Caravan Freight Carrriers Pvt. Ltd. Maliram Makharia Finstock Pvt. Ltd. Madhur Gopal Synthetics Pvt. Ltd. Via Engineering Pvt. Ltd. S. M. Courier Services Pvt. Ltd. Malshej Trading Pvt. Ltd. Real Cotton (India) Pvt. Ltd. Seclore Technology Pvt. Ltd. Manbhari Constructions Pvt. Ltd. S. P. J. Stock Brokers Pvt. Ltd. Manbhari Biofuel Pvt. Ltd. Shyam Fabrics Pvt. Ltd. K. C. Ferro & Rerolling Mills Pvt. Ltd. Mahavir Erectors & Structors Pvt. Ltd. Mohan Boards Pvt. Ltd. e-Zest Solutions Ltd. The Byke Hospitality Ltd. G Claridge & Co. Ltd. Ginni Holdings Ltd. Novus Remedies Pvt. Ltd. Body Thirst Exports Pvt. Ltd. UHP Technologies Pvt. Ltd. Enerlink Proint & Conser Pvt. Ltd. Maestro Pharmaceuticals Pvt. Ltd. Shree Shyam Weaving & Textiles Mills Pvt. Ltd. Ruia Alloys Trade Pvt. Ltd. Mulbere Healthcare Pvt. Ltd. Quantam Leap Computing Pvt. Ltd. The Rajasthan Tube Company Pvt. Ltd. OFS Cargo Pvt. Ltd. Maruti Air Couriers & Cargo Pvt. Ltd. Anilkumar Cotton Textile Mills Pvt. Ltd. Vulcain Investrade Pvt. Ltd. Irishman Developers Pvt. Ltd. Vyoma Ispat Pvt. Ltd. Nautilius Advisors Pvt. Ltd. Premas Biotech Private Limited Kanoi Capital Holdings Ltd. Money 4U Wealth Creators Pvt. Ltd. Lohia Irons Pvt. Ltd. Claridge Moulded Fibre Ltd. Jhunkam Lighting System Pvt. Ltd.
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Bank Audit
Bank of India Central Bank of India Oriental Bank of Commerce Allahabad Bank Bank of Rajasthan Canara Bank The Akola Janata Commercial Co-Operative Bank The Jammu & Kashmir Bank Limited Yes Bank Limited Bank of Maharashtra State Bank of Bikaner & Jaipur The Greater Bombay Co-Operative Bank Limited The Mahanagar Co-Operative Bank Limited Maratha Co-Operative Bank Limited Dena Bank State Bank of India Development Credit Bank Vijaya Bank Corporation Bank Union Bank of India Indian Bank Industrial Development Bank of India UCO Bank Kapol Co-Operative Bank of India Axis Bank Deccan Merchant Co-Operative Bank Limited
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Our Locations
Jaipur
Kolkata Odisha
Hyderabad Mumbai
Bengaluru
Chennai
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HeaD Office Shree Shakambhari Corporate Park, Plot No. 156-158, Chakravarti Ashok Complex, J. B. Nagar, Off Sahar Road, Andheri (East), Mumbai 400 099 Tel. No.: +91-22-6707 9444 Fax: +91-22-6707 9494 Webiste: www.skpatodia.in Email-id: info@skpatodia.in